Asking Price: $199,000 Gross Revenue: $674,248Cash Flow: $104,899 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: $100,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Prime location pizza shop open 7 days a week with delivery and catering service is available for acquisition. This business was established in 2006. Current owner acquired in late 2016. Most of the customers are during lunch hours are upper-class employees from the nearby offices and during dinner hours are families living in the surrounding densely populated residential neighborhoods. Net sales average was $535,000/year that has been steadily increasing through online ordering service and delivery services. Although some marketing has been done online and through their website, other proactive marketing methods needs to be fully utilized to generate more cash flow and acquire new customers from the surrounding untapped areas. Competition can be expected for this type of business industry, but this business provides a more affordable price point and delivers quick service whether individuals dine-in or have it delivered. There are many ways to proactively market this type of business such as direct mailing, social media outlets, catering service to large corporation, adjust current menu, 3rd party delivery service and hiring a manager to manage daily operation. Placing a manager in place of the owner will be extremely beneficial to the business as the owner will be able to focus on marketing the business and keeping the quality of the menu consistent. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operations.
Listing ID #000612
For more info, please call Stephen Lee at 1-866-519-2421.
About the Business
Number of Employees:
This business is located in a 2,150 SF retail strip center that is placed in the end-cap space of this area with an outside patio. All equipment is in impeccable condition and in working order.
Few competitors are within the immediate market area, but this business provides a more affordable price point as well as providing quick service compared to the competition.
Growth & Expansion:
Some marketing is done through online ordering and their website, but other proactive marketing methods needs to be utilized to generate more cash flow and acquire new customers. Target more on catering operation side of the business.
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